The Mortgage Lender has increased its LTV cap for landlords who wish to raise capital through a remortgage from 65 per cent LTV to 75 per cent LTV.

The option is available throughout its core product range.

The specialist lender adds that rates for a two-year fix start at 3.13 per cent and at five-years, from 3.49 per cent.

The Mortgage Lender sales director Steve Griffiths says: “Recent process enhancements and increased resource in our new business teams has allowed us to increase capacity to support this key area, as it is clear that, for most landlords, their plans have not changed, indeed many see it as an opportunity to add properties to their portfolios.

“Whether capital raising is for business investment, to buy a new property, improve an existing property or refinancing, it’s important we have the right combination of criteria and rates to support their plans.”